Stock Market Update
02-Mar-26 11:05 ET
Defense stocks outperforming
Dow -189.76
at 48787.05,
Nasdaq -53.72
at 22614.51,
S&P -24.18
at 6856.69
[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.3%), and DJIA (-0.5%) remain modestly lower this morning.
The industrial sector (+0.3%) is one of just three S&P 500 sectors to hold a gain this morning. Aerospace and defense names such as Axon (AXON 571.57, +29.17, +5.38%), Northrop Grumman (NOC 755.46, +31.08, +4.29%), and RTX (RTX 210.81, +8.19, +4.04%) are among the outperformers, sending the iShares DJ Aerospace ETF 2.6% higher.
Meanwhile, airline names such as United Airlines (UAL 102.43, -3.87, -3.64%) and Delta Air Lines (DAL 63.95, -1.75, -2.66%) are among the laggards as the conflict in Iran stalls global travel.
